Sec Form 4 Filing - CROTTY GERALD C @ Cinedigm Digital Cinema Corp. - 2011-08-18

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
CROTTY GERALD C
2. Issuer Name and Ticker or Trading Symbol
Cinedigm Digital Cinema Corp. [ CIDM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O WEICHERT ENTERPRISES LLC, 1625 STATE ROUTE 10
3. Date of Earliest Transaction (MM/DD/YY)
08/18/2011
(Street)
MORRIS PLAINS, NJ07950
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 08/18/2011 A 33,558 ( 6 ) A $ 0 118,677 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Employee Stock Option (Right to buy) $ 5 ( 1 ) 02/14/2013 Class A Common Stock 2,000 2,000 D
Non-Employee Stock Option (Right to buy) $ 5 ( 2 ) 03/17/2014 Class A Common Stock 5,000 5,000 D
Non-Employee Stock Option (Right to buy) $ 6.4 03/08/2006 06/09/2015 Class A Common Stock 10,000 10,000 D
Non-Employee Stock Option (Right to buy) $ 12.93 03/31/2006 03/31/2016 Class A Common Stock 10,000 10,000 D
Non-Employee Stock Option (Right to buy) $ 7.55 ( 3 ) 06/25/2017 Class A Common Stock 10,000 10,000 D
Restricted Stock Units ( 4 ) ( 5 ) ( 5 ) Class A Common Stock 11,667 11,667 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CROTTY GERALD C
C/O WEICHERT ENTERPRISES LLC
1625 STATE ROUTE 10
MORRIS PLAINS, NJ07950
X
Signatures
/s/ Gerald C. Crotty 08/18/2011
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The option vested in three equal annual installments commencing February 14, 2004.
( 2 )Of such options, one-third vested on March 17, 2005 and the remaining vested on March 8, 2006.
( 3 )The option vested in three equal annual installments commencing June 25, 2008.
( 4 )Each restricted stock unit (an "RSU") represents a contingent right to receive one share of Class A Common Stock; however, the Issuer has the discretion to settle in Class A Common Stock or cash or a combination thereof.
( 5 )RSUs vest in three equal annual installments commencing April 23, 2010.
( 6 )Includes 33,558 shares of Class A Common Stock issued on August 18, 2011 as part of the annual retainer for board service for the fiscal year ended March 31, 2011. Such shares vested on the date of issuance.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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